Long Aug 380 E/W
With the Middle East already suffering from high summer temperatures and drawing in a lot of HSFO for generating power, we expect to see demand increase in the East for Aug. Inventories have improved in Singapore over the last 3 weeks, but is still low compared to the 5 year average.
For brokerage services across the barrel and to receive our weekly trade ideas: insight@onyxcapitaladvisory.com